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CT Stores has debt with a book value of $325,000 and a market value of $319,000. The firm's equity has a book value of $526,000

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CT Stores has debt with a book value of $325,000 and a market value of $319,000. The firm's equity has a book value of $526,000 and a market value of $684,000. The tax rate is 21 percent and the cost of capital is 11.2 percent. What is the market value of this firm based on MM Proposition I without taxes? Select one: A. $851,000 B. $923,250 C. $1,003,000 D. $984,300 E. $769,750

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